BHP report their financial statements in US Dollars.
Comparative Analysis
Income Statement
($ Millions)
2021
2022
+/- ($)
+/- (%)
Revenue
60,817.0
65,098.0
4,281.0
7.0%
Less: Cost of Goods Sold
13,272.0
14,692.0
1,420.0
10.7%
Gross Profit
47,545.0
50,406.0
2,861.0
6.0%
Less: Operating Costs
21,639.0
16,300.0
-5,339.0
-24.7%
Operating Profit
25,906.0
34,106.0
8,200.0
31.7%
Less: Financing Costs
1,305.0
969.0
-336.0
-25.7%
Profit Before Tax
24,601.0
33,137.0
8,536.0
34.7%
Less: Income Tax
11,150.0
10,737.0
-413.0
-3.7%
Net Profit
13,451.0
22,400.0
8,949.0
66.5%
Balance Sheet
($ Millions)
2021
2022
+/- ($)
+/- (%)
Current Assets
26,693.0
28,664.0
1,971.0
7.4%
Non Current Assets
82,234.0
66,502.0
-15,732.0
-19.1%
Total Assets
108,927.0
95,166.0
-13,761.0
-12.6%
Current Liabilities
16,403.0
16,919.0
516.0
3.1%
Non Current Liabilities
36,919.0
29,481.0
-7,438.0
-20.1%
Total Liabilities
53,322.0
46,400.0
-6,922.0
-13.0%
Equity
55,605.0
48,766.0
-6,839.0
-12.3%
Cash Flow Statement
($ Millions)
2021
2022
+/- ($)
+/- (%)
Cash Flow from Operating Activities
27,234.0
32,174.0
4,940.0
18.1%
Cash Flow from Investing Activities
-7,845.0
-6,959.0
886.0
-11.3%
Cash Flow from Financing Activities
-17,922.0
-22,767.0
-4,845.0
27.0%
Net Cash Flow
1,467.0
2,448.0
981.0
66.9%
Foreign Exchange Movements
353.0
-458.0
-811.0
-229.7%
Cash at the Beginning of the Period
13,426.0
15,246.0
1,820.0
13.6%
Cash at the End of the Period
15,246.0
17,236.0
1,990.0
13.1%
Ratio Analysis
Profitability
2021
2022
+/-
Gross Margin
78.2%
77.4%
-0.7%
Operating Margin
42.6%
52.4%
9.8%
Net Margin
22.1%
34.4%
12.3%
Index
Sector
Industry Group
Management Effectiveness
2021
2022
+/-
Current Ratio
1.6
1.7
0.1
Debt to Equity Ratio
1.0
1.0
-0.0
Return on Assets
12.3%
23.5%
11.2%
Return on Equity
24.2%
45.9%
21.7%
Index
Sector
Industry Group
Valuation
2021
2022
+/- ($,#)
+/- (%)
Share Price
$28.45
$28.38
-$0.07
-0.2%
Ordinary Shares (Millions)
5,062
5,062
0
0.0%
Market Value ($ Millions)
$144,023.09
$143,668.73
-$354.36
-0.2%
Dividends per Share
$1.56
$3.53
$1.97
125.9%
Dividend Yield
5.5%
12.4%
6.9%
Revenue per Share
$12.01
$12.86
$0.85
7.0%
Earnings per Share
$2.66
$4.42
$1.77
66.5%
Equity per Share
$10.98
$9.63
-$1.35
-12.3%
Price to Sales Ratio
2.4
2.2
-0.2
Price to Earnings Ratio
10.7
6.4
-4.3
Price to Book Ratio
2.6
2.9
0.4
Until January 2022, BHP Group was dual listed on the Australian Securities Exchange (ASX), and the London Stock Exchange (LSE). To ensure the ratios work in USD, the valuation was calculated like so:
